Kings Entertainment Group (FRA:L12) Scaled Net Operating Assets: 1.38 (As of Sep. 2023)


What is Kings Entertainment Group Scaled Net Operating Assets?

Kings Entertainment Group FRA:L12 Scaled Net Operating Assets is 1.38 as of Sep. 2023.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Kings Entertainment Group's operating assets for the quarter that ended in Sep. 2023 was €8.49 Mil. Kings Entertainment Group's operating liabilities for the quarter that ended in Sep. 2023 was €3.73 Mil. Kings Entertainment Group's Total Assets for the quarter that ended in Jun. 2023 was €3.46 Mil. Therefore, Kings Entertainment Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 1.38.

Kings Entertainment Group Scaled Net Operating Assets Historical Data

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The historical data trend for Kings Entertainment Group's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kings Entertainment Group Scaled Net Operating Assets Chart

Kings Entertainment Group Annual Data
Trend Dec20 Dec21 Dec22
Scaled Net Operating Assets
-0.01 -0.51 0.05

Kings Entertainment Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.07 0.01 0.01 1.38

FRA:L12 vs DKNG, CHDN, LNW: Scaled Net Operating Assets Comparison

For the Gambling subindustry, Kings Entertainment Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kings Entertainment Group Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kings Entertainment Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Kings Entertainment Group's Scaled Net Operating Assets falls into.


Kings Entertainment Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Kings Entertainment Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(2.912-2.541)/8.307
=0.04

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.037 - 1.125
=2.912

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.541 - 0 - 0
=2.541

Kings Entertainment Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(8.494-3.73)/3.463
=1.38

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.538 - 1.044
=8.494

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.73 - 0 - 0
=3.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 1.38 mean?
Kings Entertainment Group (FRA:L12) has a Scaled Net Operating Assets of 1.38 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Kings Entertainment Group and its competitors.
Is Kings Entertainment Group's Scaled Net Operating Assets too high?
Kings Entertainment Group's current Scaled Net Operating Assets is 1.38.
How does Kings Entertainment Group's Scaled Net Operating Assets compare to DKNG and CHDN?
Kings Entertainment Group's Scaled Net Operating Assets of 1.38 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Kings Entertainment Group and its competitors. Kings Entertainment Group's current Scaled Net Operating Assets is 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kings Entertainment Group stock overvalued right now?
Kings Entertainment Group (FRA:L12) has a current Scaled Net Operating Assets of 1.38. The current Scaled Net Operating Assets is 1.38. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Kings Entertainment Group (FRA:L12), the current Scaled Net Operating Assets is 1.38 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kings Entertainment Group Business Description

Address 1060 - 1055 West Georgia Street, Vancouver, BC, CAN, V6E 2E9
Kings Entertainment Group Inc is a business-to-consumer service provider that allows users to participate in lotteries and casino-style online games throughout the world. The company operates through multiple established brands and websites, which include www.wintrillions.com, www.trillionaire.com, and www.LottoKings.com. In addition to the lottery services, it offers a connected experience that enables users to play and switch with ease between scratch cards and casino games. The company has only one reportable segment, which is lottery procurement and online casino, and scratchcard. Geographically, it derives revenue from Mexico, Brazil, other Latin American countries, and other regions.